PRINCE SAUD AL-FAISAL, THE FOREIGN MINISTER WHO IS ALSO CHAIRMAN OF ARAB PEACE INITIATIVE COMMITTEE, AND ARAB LEAGUE SECRETARY GENERAL AMRO MUSA HELD HERE TODAY A JOINT PRESS CONFERENCE AT THE END OF THE CONTINGENCY MEETING OF ARAB PEACE INITIATIVE COMMITTEE TO ANNOUNCE THE MOST IMPORTANT RESULTS OF THE MINISTERIAL MEETING. THE DECISION OF INITIATIVE COMMITTEE ISSUED IN RIYADH SUMMIT URGES ISRAEL NOT TO MISS THE HISTORICAL OPPORTUNITY TO ACHIEVE PEACE WITH ARAB ON BASIS OF ARAB PEACE INITIATIVE PRINCE SAUD STRESSED. HE POINTED OUT THAT THE SHORTEST WAY FOR ESTABLISHING NORMAL TIES BETWEEN ISRAEL AND ARAB COUNTRIES IS TO IMPLEMENT ARAB PEACE INITIATIVE WITH ITS ALL ARTICLES. IF THERE WAS NO ISRAELI WITHDRAWAL FROM ARAB TERRITORIES THERE WILL BE NO PEACE AND NORMALIZATION, PRINCE SAUD EMPHASIZED. ON WHETHER THERE ARE SIGNS OF OPTIMISM, PRINCE SAUD SAID THE OPTIMISM REPRESENTED IN THE POSITIVE DEVELOPMENT IN THE INTERNATIONAL PUBLIC OPINION TOWARDS ARAB PEACE INITIATIVE AND THERE IS SEMI INTERNATIONAL CONESUS BUT UNFORTUNATELY ON GOVERNMENT LEVEL THE PERFORMANCE OF THESE GOVERNMENTS HAS NOT REACHED THE LEVEL OF INTERNATIONAL PUBLIC OPINION AND FOR THIS REASON EMERGES THE IMPORTANCE TO INTRODUCE THE ARAB PEACE INITIATIVE. --MORE